heres the revenue and expenses for the month. calculate whether mia had a profit or loss.\noctober…

heres the revenue and expenses for the month. calculate whether mia had a profit or loss.\noctober accounts\nrevenue\ndog food $3,350\ncat food $2,900\npet treats $1,200\npet supplies $2,400\ntotal $9,850\nfixed expenses\nrent $2,000\nsalaries $2,000\nutilities $1,000\nproduct stock $4,000\ntotal $9,000\nvariable expenses\nextra salaries $500\ntotal $500\nclick the button that shows mias profit/loss for the month.\n-$150 -$50 $150 $350

heres the revenue and expenses for the month. calculate whether mia had a profit or loss.\noctober accounts\nrevenue\ndog food $3,350\ncat food $2,900\npet treats $1,200\npet supplies $2,400\ntotal $9,850\nfixed expenses\nrent $2,000\nsalaries $2,000\nutilities $1,000\nproduct stock $4,000\ntotal $9,000\nvariable expenses\nextra salaries $500\ntotal $500\nclick the button that shows mias profit/loss for the month.\n-$150 -$50 $150 $350

Answer

Explanation:

Step1: Calculate total expenses

Total expenses = Fixed expenses + Variable expenses. Fixed expenses are $9000$ and variable expenses are $500$, so total expenses = $9000 + 500=9500$.

Step2: Calculate profit

Profit = Revenue - Total expenses. Revenue is $9850$ and total expenses are $9500$, so profit = $9850 - 9500 = 350$.

Answer:

$350$